Latest news with #AkanatPromphan
Bangkok Post
5 days ago
- Business
- Bangkok Post
System flags dubious links
The government has launched "TISI Watch", an AI-powered system designed to remove substandard products from online platforms, aiming to enhance consumer safety and fair competition in Thai e-commerce. Deputy government spokeswoman Sasikarn Wattanachan said the initiative, led by Industry Minister Akanat Promphan, was rolled out on July 7. The system operates 24/7, analysing suspicious product links for potential violations of Thai Industrial Standards Institute (TISI) rules. Over the past five months of a pilot test, TISI Watch has flagged more than 125,000 suspicious links and taken down over 2,800. Legal action is under way in 777 cases, particularly involving major e-commerce platforms. Products frequently found to be non-compliant include food-grade plastics, children's toys, motorcycle exhaust pipes, power strips, power banks and helmets -- all posing safety risks. The system will soon expand to detect counterfeit goods and fake licences, with a public tip-off channel available via the "Report to Industry" Line account, she said.
Bangkok Post
04-07-2025
- Business
- Bangkok Post
Krungsri-MUFG Forum to Spotlight Sustainable Growth
Bangkok, July 4, 2025 – Krungsri (Bank of Ayudhya Public Company Limited) cordially invites entrepreneurs, investors, and stakeholders to its flagship annual seminar, 'Krungsri-MUFG Business Forum: Thriving to Sustainable Future', taking place on Tuesday, 5 August 2025, at the Bangkok Convention Centre, 22nd Floor, Centara Grand at CentralWorld. The event will bring together prominent national and international thought leaders in finance, economics, and sustainability to discuss key strategies for thriving amid global transformation and achieving long-term, stable growth. The morning session features a special segment: Krungsri ESG Awards: Minute of Changes a dynamic business pitching competition where leading ESG-driven SME entrepreneurs will present their sustainable transition plans to a panel of distinguished judges. The programme will also include the announcement of award winners and presentation of certificates to participants in the Krungsri ESG Academy. The afternoon session features a series of exclusive talks and discussions by distinguished speakers, including: Akanat Promphan, Minister of Industry, on 'Industrial Reform: Steering Thailand's Economy under Structural Disruptions' Kanetsugu Mike, Chairman, Mitsubishi UFJ Financial Group (MUFG) Kenichi Yamato, President and CEO, Bank of Ayudhya PCL, on 'Krungsri: A Sustainable and Regional Bank' Dr Phirun Saiyasitpanich, Director-General, Department of Climate Change and Environment, on 'The Upcoming Thailand Climate Change Act' Dr Somkiat Tangkitvanich, President, Thailand Development Research Institute (TDRI), on 'Navigating Global Shifts: Strengthening Thailand's Economic Competitiveness' Mari Elka Pangestu, Special Envoy of the President of Indonesia and Former Managing Director of the World Bank, on 'Capturing Regional Opportunities in a Shifting Global Landscape' A panel discussion titled 'Strategic Growth through Innovation in Global Sustainable Finance' will feature: The session will conclude with a keynote by Thammasak Sethaudom, President of SCG, on 'Achieving Sustainability and Growth Amid the Current Economic Climate: A Case Study of SCG.' Attendees can also explore the Exhibition Zone, showcasing a range of financial innovations and sustainable business solutions from Krungsri, its partners, and entrepreneurial networks. Don't miss this unique opportunity to gain insight into sustainable business strategies and the evolving regional landscape.
Rhyl Journal
13-05-2025
- Business
- Rhyl Journal
Bangkok officials end search operation at skyscraper after earthquake collapse
The 7.7 magnitude quake on March 28 centred in Myanmar, more than 800 miles (1,200 kilometres) away, killed at least 96 people in Bangkok, mostly at the collapsed site. More than 3,000 were killed in Myanmar. Eighty-nine bodies have been retrieved from the rubble while seven people remain unaccounted for at the site, officials said. They said they would continue to test hundreds of pieces of human remains to identify those still missing. The collapse sparked questions about the enforcement of construction safety and corruption. The high-rise building, meant to be the new office of the State Audit Office, was the only building that suffered a total collapse that day. The police on Tuesday said they are still investigating and will continue to collect evidence from the collapse site until the end of this month. Authorities are probing several companies and individuals for any wrongdoing in relation to the collapse, including the state-run Chinese contractor, China Railway No 10 Engineering Group. The investigation has led to the arrest of its Chinese executive in Thailand, identified as Zhang, and three Thai shareholders on suspicion of operating the business through the use of nominees. Foreigners can operate a business in Thailand, but it must be a joint venture with a Thai partner, and they cannot own more than 49% to protect local competitiveness. Another Thai-Chinese company, Xin Ke Yuan Steel, also came under scrutiny over the quality of the steel rods provided for the building. Industry Minister Akanat Promphan said two types of steel rods found at the collapse site did not pass safety standards and that Xin Ke Yuan supplied both. The company has denied any wrongdoing.
Euronews
13-05-2025
- Business
- Euronews
Officials end search at Bangkok skyscraper that collapsed after quake
Authorities in Thailand have officially ended the search operation at a building under construction in Bangkok that collapsed following an earthquake that killed dozens over a month ago. The magnitude-7.7 quake on 28 March had its epicentre in Myanmar, more than 1,200 kilometres away, and killed at least 96 people in Bangkok, mostly at the site of the building collapse. Eighty-nine bodies have been retrieved from the rubble while seven people remain unaccounted for at the site, officials said. They said they would continue to test hundreds of pieces of human remains to identify those still missing. The collapse sparked questions about the enforcement of construction safety regulations and corruption. The high-rise building, meant to be the new office for the State Audit Office, was the only building that suffered a total collapse that day. Police said on Tuesday they are still investigating and will continue to collect evidence from the collapse site until the end of this month. Authorities are probing several companies and individuals for any wrongdoing in relation to the collapse, including the state-run Chinese contractor, China Railway No. 10 Engineering Group. The investigation has led to the arrest of its Chinese executive in Thailand, identified as Zhang, and three Thai shareholders on suspicion of operating the business through the use of nominees. Foreigners can operate a business in Thailand but it must be a joint venture with a Thai partner and they cannot own more than 49% to protect local competitiveness. Another Thai-Chinese company, Xin Ke Yaun Steel, also came under scrutiny over the quality of the steel rods provided for the building. Industry Minister Akanat Promphan said two types of steel rods found at the collapse site did not pass safety standards and that Xin Ke Yuan supplied both. The company has denied any wrongdoing.
South Wales Guardian
13-05-2025
- Business
- South Wales Guardian
Bangkok officials end search operation at skyscraper after earthquake collapse
The 7.7 magnitude quake on March 28 centred in Myanmar, more than 800 miles (1,200 kilometres) away, killed at least 96 people in Bangkok, mostly at the collapsed site. More than 3,000 were killed in Myanmar. Eighty-nine bodies have been retrieved from the rubble while seven people remain unaccounted for at the site, officials said. They said they would continue to test hundreds of pieces of human remains to identify those still missing. The collapse sparked questions about the enforcement of construction safety and corruption. The high-rise building, meant to be the new office of the State Audit Office, was the only building that suffered a total collapse that day. The police on Tuesday said they are still investigating and will continue to collect evidence from the collapse site until the end of this month. Authorities are probing several companies and individuals for any wrongdoing in relation to the collapse, including the state-run Chinese contractor, China Railway No 10 Engineering Group. The investigation has led to the arrest of its Chinese executive in Thailand, identified as Zhang, and three Thai shareholders on suspicion of operating the business through the use of nominees. Foreigners can operate a business in Thailand, but it must be a joint venture with a Thai partner, and they cannot own more than 49% to protect local competitiveness. Another Thai-Chinese company, Xin Ke Yuan Steel, also came under scrutiny over the quality of the steel rods provided for the building. Industry Minister Akanat Promphan said two types of steel rods found at the collapse site did not pass safety standards and that Xin Ke Yuan supplied both. The company has denied any wrongdoing.
